Job Bank

WashREIT is a publicly traded company transitioning from a diversified REIT into a pure multifamily REIT and expanding from the DC metropolitan area into Southeastern markets.   We’re growing for sure!

To support our growth into the Southeast, we have created a new position for an Analyst, Investments to join our Investments Team assisting with the underwriting, due diligence and closing of property and multifamily acquisitions and dispositions.  This position works closely with the team to ensure the successful execution of the company’s investment strategy and collaborates with various internal groups, such as asset management, research, finance, accounting and operations.

You are a good fit if you have real estate analyst experience, preferably working in an investment or brokerage environment, have strong analytical and Excel skills and like to work in a team environment.

PRIMARY RESPONSIBILITIES

• Conducts all financial analysis conducted in the assessment, evaluation, and execution of acquisitions and dispositions of assets.
• Conducts complex and dynamic pro forma models and sensitivity analyses to project cash flows and investment returns conducted by Investment and Asset Management personnel.
• Participates in coordination of due diligence and closing efforts on all acquisitions and dispositions of assets.
• Assists in the disposition of portfolio properties, including preparing marketing packages to submit to brokers, reviewing and commenting on broker prepared offering memorandum, performing analyses on offers received, addressing buyer inquires during due diligence, and resolves issues.
• Prepares tenant notices and other items required by purchase and sale agreement for closings.
• Prepares prorations and settlement statements for accuracy and completeness.
• Participates in post-closing efforts as needed on property & portfolio acquisitions to ensure for a seamless transition from Investment division to Asset Management, minimizing disruption to property cash flow.
• Develops memoranda for internal Investment Committee and Board of Directors to evaluate potential transactions.
• Coordinates efforts with Asset Management, Research, Finance, Accounting, & Operations to ensure accuracy and that materials are sufficient to allow for executive decisions making.
• Promotes WashREIT locally through participation in real estate industry organizations.

REQUIREMENTS

• Bachelor’s degree in business, finance or related field experience in residential real estate
• Experience in residential real estate investments, asset management, investment sales or brokerage environment.
• Possess a curiosity and interest to continuously seek improvements in work processes that will add value to the organization. 
• Demonstrated and organizational management skills, including strong interpersonal skills. 
• Strong customer service orientation and ability to champion through daily interactions. 
• Champions commitment to Diversity, Equity, Inclusion & Belonging initiatives.

WHO IS WashREIT?

WashREIT, publicly traded on the NYSE under the symbol WRE, owns approximately 8,200 residential apartment homes in the Washington, DC metro and the Southeast. WashREIT also owns and operates approximately 300,000 square feet of commercial space in the Washington, DC metro region. We are focused on providing quality housing to under-served, middle-income renters in submarkets poised for strong, sustained demand. With a proven track record in residential repositioning, we are utilizing the experience and research from the Washington, DC metro region to continue to grow as we geographically diversify into Southeastern markets. We are targeting the deepest demand segments in submarkets with the greatest probability of rent growth outperformance and tailoring our specific investment strategy to best create value.

WHY WORK AT WashREIT?

• We’re team players! We value our open culture working in a collaborative environment that values interdisciplinary teamwork, creative ideas and uncommon solutions.
• We practice corporate responsibility! Our focus on sustainability creates positive environmental, social, and ethical impacts in the regions where our residents live.
• We are creative, committed, and ambitious! Our flat organizational structure facilitates frequent, meaningful interactions with company executives, and our commitment to teamwork and entrepreneurial spirit enables employees at every level to conceptualize ideas and make them happen.
• We provide outstanding compensation and benefits! You will be paid well for your work, with a competitive wage and will be eligible for incentive compensation based on your efforts and company performance.  Our flex vacation policy gives you the flexibility to take the time off when you need it and our hybrid work schedule respects your work/life balance.
• We are an equal opportunity employer and are committed to diversity, equity, inclusion, and belonging! We believe diversity drives innovation. Companies that are diverse are proven to be better companies. We are building a culture where differences are valued and creating an environment for people to do what they do best while learning, growing, and affecting company change through meaningful contributions.
  

COVID-19 COMPLIANCE
As a condition of employment, all new hires must be fully vaccinated by their start date, and have obtained a booster shot no later than their eligibility or thirty days from hire (if eligible).